Penalty for not reaching cap floor?

What is the penalty for not reaching the cap floor? Say the Isles sign their current RFAs, and can't add anyone else (for various reasons), what can the NHL do? It's not like they haven't tried. Can they really force the team to sign a player no one wants to a mega-deal?

What is the penalty for not reaching the cap floor? Say the Isles sign their current RFAs, and can't add anyone else (for various reasons), what can the NHL do? It's not like they haven't tried. Can they really force the team to sign a player no one wants to a mega-deal?

What is the penalty for not reaching the cap floor? Say the Isles sign their current RFAs, and can't add anyone else (for various reasons), what can the NHL do? It's not like they haven't tried. Can they really force the team to sign a player no one wants to a mega-deal?

I don't think the NHL actually designated a penalty for being over the cap ceiling/under the cap floor. No team has ever done either, and the best anyone can find in the CBA is just that teams that are not cap-compliant cannot participate in games until it is in order.

There are no set penalties for being below the Lower Limit - however doing so willfully would be a prima facie example of circumvention and open the team up to any/all of the available sanctions under Article 26 (at the discretion of the commissioner): fines of $1M-$5M which count against the cap, forfeiture of draft picks, forfeiture of games, suspension of the GM, etc.